Zeta Global Holdings Corp (NYSE:ZETA) price on current trading day, rose 3.75% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $14.38.
A look at the stock’s price movement, the close in the last trading session was $13.86, moving within a range at $13.975 and $14.67. The beta value (5-Year monthly) was 1.188. Turning to its 52-week performance, $38.20 and $10.30 were the 52-week high and 52-week low respectively. Overall, ZETA moved -41.76% over the past month.
Zeta Global Holdings Corp’s market cap currently stands at around $3.42 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-24.
Analysts have a consensus estimate of 254.18M for the company’s revenue for the quarter, with a low and high estimate of 253.3M and 255.6M respectively. The average forecast suggests up to a 30.38% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.24B, representing a 23.40% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ZETA is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
9 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 9 recommend ZETA as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
ZETA’s current price about -13.56% and -21.64% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 36.93, while 7-day volatility ratio is 6.07% and 9.60% in the 30-day chart. Further, Zeta Global Holdings Corp (ZETA) has a beta value of 1.28, and an average true range (ATR) of 1.42. Analysts have given the company’s stock an average 52-week price target of $43, forecast between a low of $35 and high of $45. Looking at the price targets, the low is -143.39% off current price level while to achieve the yearly target high, price needs to move -212.93%. Nonetheless, investors will most likely welcome a -199.03% jump to $43 which is the analysts’ median price.
If we refocus on Zeta Global Holdings Corp (NYSE:ZETA), historical trading data shows that trading volumes averaged 6.57 over the past 10 days and 6.39 million over the past 3 months. The company’s latest data on shares outstanding shows there are 213.18 million shares.
The 22.92% of Zeta Global Holdings Corp’s shares are in the hands of company insiders while institutional holders own 60.27% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 26.89 million on 2025-02-28, giving us a short ratio of 3.59. The data shows that as of 2025-02-28 short interest in Zeta Global Holdings Corp (ZETA) stood at 1439.9999999999998 of shares outstanding, with shares short rising to 24.51 million registered in 2025-01-31. Current price change has pushed the stock -20.07% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ZETA stock continues to rise going into the next quarter.
